Key takeaways:
- Cosmos’s price is predicted to reach a maximum value of $22 by 2024.
- In 2027, the coin could be worth between $37.96 and $44.68, with an average price of $42.95
- By 2030, Cosmos (ATOM) might touch $74
Cosmos (ATOM) is a blockchain ecosystem that facilitates interoperability among independent blockchains. Co-founded by Jae Kwon and Ethan Buchman in 2014, Cosmos aims to create a decentralized network of blockchains that can communicate and transact seamlessly. Its main components include the Cosmos Hub, which serves as the central chain, and multiple “zones” that operate under their own rules while connecting to the Hub.
The platform uses the Tendermint consensus algorithm and Inter-Blockchain Communication (IBC) protocol to enable fast low-cost transactions. Fees average around $0.01, and confirmation times are approximately seven seconds. Cosmos employs a Proof-of-Stake (PoS) mechanism, allowing users to stake their ATOM tokens for network security and transaction validation.
Since its ICO in 2017, Cosmos has raised significant funding and established a growing ecosystem, including notable projects like Terra and Binance. With over 286 million ATOM tokens in circulation and a market cap exceeding $7.7 billion, Cosmos is positioned as a key player in the evolving landscape of blockchain technology, often referred to as the “Internet of Blockchains” for its ambitious goal of connecting diverse blockchain networks
Overview
| Cryptocurrency | Cosmos |
| Token | ATOM |
| Current Price | $5.91 |
| Market Cap | $2.31B |
| Trading Volume | $480.94M |
| Circulating Supply | 390.93M ATOM |
| All-time High | $ 44.70 on Sept 19, 2021 |
| All-time Low | $1.13 on Mar 12, 2020 |
| 24-hour High | $7.55 |
| 24-hour Low | $5.99 |
Cosmos price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $10.22 (47.34%) |
| Volatility (30-day variation) | 11.63% |
| 50-Day SMA | $7.01 |
| 14-Day RSI | 45.33 |
| Sentiment | Bearish |
| Fear & Greed Index | 74 (Greed) |
| Green Days | 16/30 (53%) |
| 200-Day SMA | $5.95 |
Cosmos (ATOM) technical price analysis
TL; DR Breakdown:
- ATOM/USD price is Bearish
- Cosmos resistance level is at $11, and support is at $7
ATOM/USD 1-Day price chart
On December 20, the 1-day chart for Cosmos (ATOM) reveals a significant bearish trend, with the price plummeting by 13.53% to $5.887. The Bollinger Bands suggest heightened volatility as the price sharply deviates from the lower band near $6.668. The Relative Strength Index (RSI) is at 32.51, signaling oversold conditions and potential buyer interest soon. The price is below the 20-day simple moving average of $8.877, confirming bearish dominance. A resistance level is near $7.090, with support at $5.887. If selling pressure persists, a drop toward $5.00 is possible; otherwise, a recovery above $6.50 could initiate bullish sentiment.
ATOM/USD 4-hour price chart
The 4-hour chart for Cosmos (ATOM) illustrates a pronounced bearish momentum, with the price at $5.878, marking a 13.28% decline. The Balance of Power (BOP) indicator at -0.97 highlights intense selling pressure. The Moving Average Convergence Divergence (MACD) reflects a bearish crossover, with the MACD line at -0.598 and the signal line at -0.428, confirming downward momentum. Resistance is visible at $6.780, while support is at $5.867. The sharp decline suggests oversold conditions, but no immediate reversal signals are evident. If bearish sentiment continues, further declines toward $5.50 are possible, unless recovery above $6.00 occurs.
Cosmos technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 9.44 | SELL |
| SMA 5 | $ 9.40 | SELL |
| SMA 10 | $ 8.76 | SELL |
| SMA 21 | $ 8.88 | SELL |
| SMA 50 | $ 7.01 | SELL |
| SMA 100 | $ 5.75 | BUY |
| SMA 200 | $ 5.95 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $ 8.87 | SELL |
| EMA 5 | $ 9.10 | SELL |
| EMA 10 | $ 9.15 | SELL |
| EMA 21 | $ 8.54 | SELL |
| EMA 50 | $ 7.15 | SELL |
| EMA 100 | $ 6.31 | BUY |
| EMA 200 | $ 6.42 | BUY |
What to expect from ATOM price analysis next?
Based on the 1-day and 4-hour charts, Cosmos (ATOM) experiences a strong bearish trend, with the price falling to $5.887. Indicators such as the RSI at 32.51 on the daily chart and -0.97 Balance of Power on the 4-hour chart suggest oversold conditions but continued selling pressure. The MACD in the 4-hour chart shows a bearish crossover, confirming downward momentum. Immediate support lies at $5.50, while resistance at $6.50 could pose a challenge for recovery. If current trends persist, ATOM may test lower support levels. However, oversold indicators hint at a potential short-term corrective bounce.
Is Cosmos a good investment?
Cosmos (ATOM) shows potential as an investment due to its innovative approach to blockchain interoperability and recent upgrades like ATOM 2.0. Analysts predict long-term price growth, but the crypto market is highly volatile. Investors should conduct their research and consider risks before investing in ATOM.
Is Cosmos a Safe Network?
The Cosmos network is built on the Tendermint consensus protocol, offering robust security and interoperability features. However, like all blockchain systems, it faces potential risks, requiring users to remain cautious and well-informed about emerging vulnerabilities and challenges.
Will Cosmos reach $50?
Based on Cosmo’s current market trends and growth projections, Cosmos (ATOM) is expected to reach a value of approximately $50 by 2029.
Will Cosmos reach $100?
Current predictions suggest that Cosmos (ATOM) will unlikely reach $100 soon. Analysts estimate it would require a significant increase of over 900% to hit that price. Our forecasts place its maximum potential around $73.66 by 2030, indicating limited short-term growth potential.
Does Cosmos have a good long-term future?
Cosmos (ATOM) promises a strong long-term future, with forecasts indicating significant price increases over the next decade. Analysts predict that ATOM could reach values as high as $74 by 2030, driven by its unique position in the blockchain ecosystem and ongoing developments in interoperability and scalability. The Cosmos Hub is well-established and supported by a dedicated community, enhancing its growth and adoption prospects in the evolving cryptocurrency landscape. Thus, the cosmos network could expand to a wider user base.
Recent news/opinion on Cosmos
Fantom’s ecosystem is poised for advancement as Noble unveils its Helium upgrade, integrated with the latest Cosmos SDK 50. The development will bring significant enhancements for end users, app chain developers, and asset issuers.
Cosmos Price Prediction December 2024
In December 2024, Cosmos (ATOM) could reach a maximum price of $10.42, with an average trading price of $9.84 and a minimum price of $9.29.
| Month | Potential Low | Potential Average | Potential High |
| December 2024 | $9.29 | $9.84 | $10.42 |
Cosmos Price Prediction 2024
In 2024, Cosmos (ATOM) is projected to have a potential low of $8.75, an average price of $21.09, and a potential high reaching up to $21.65.
| Year | Potential Low | Average Price | Potential High |
| 2024 | $8.75 | $21.09 | $21.65 |
Cosmos price predictions 2025-2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | $21.20 | $23.53 | $25.55 |
| 2026 | $29.17 | $34.70 | $36.01 |
| 2027 | $37.96 | $42.95 | $44.68 |
| 2028 | $37.96 | $42.95 | $44.68 |
| 2029 | $46.94 | $53.45 | $53.83 |
| 2030 | $66.75 | $71.24 | $73.66 |
Cosmos Price Prediction 2025
The Cosmos forecast for 2025 suggests a price range of $12.16 to $14.69, with an average ATOM rate of $13.56.
Cosmos Price Prediction 2026
In 2026, ATOM’s Average price is expected to be $34.70. Its minimum and maximum trading prices are predicted to be $29.17 and $36.01, respectively.
Cosmos Price Prediction 2027
In 2027, Cosmos may continue its upward trend, with projections suggesting a maximum of $44.68, an average of $42.95, and a minimum of $37.96.
Cosmos Price Prediction 2028
Cosmos’s prices are anticipated to remain between $37.96 and $44.68 in 2028, with an average of $42.95.
Cosmos price forecast 2029
The ATOM coin price prediction for 2029 estimates growth, with prices ranging from $46.94 to $53.83 and an average of $53.45.
Cosmos Price Prediction 2030
By 2030, Cosmos is projected to reach a maximum atom price of $73.66, an average price of $71.24, and a minimum price of $66.75.
Cosmos price prediction: Analysts’ ATOM price forecast
| Firm Name | 2024 | 2025 |
| Binance | $8.84 | $9.28 |
| Changelly | $10.70 | $11.33 |
Cryptopolitan’s Cosmos price prediction
According to Cryptopolitan’s price prediction for Cosmos (ATOM) in 2024, the cryptocurrency is projected to exhibit a price range from a potential low of $8.75 to a high of $21.65, with an average price forecast for the year of $21.09
Cosmos historic price sentiment
- Cosmos, created by Ethan Buchman and Jae Kwon, launched its Initial Coin Offering (ICO) in 2017, with the network officially going live two years later in 2019.
- During the bullish market cycle of 2021, Cosmos saw its price peak at over $44, driven by significant investor interest and market optimism.
- However, following this surge, on 3rd April 2022, the price of Cosmos (ATOM) sharply declined to $6.39. Since then, Cosmos entered a prolonged phase of consolidation, trading within a range between $6.39 and $16 as market dynamics fluctuated.
- In early 2024, particularly around 8th March, Cosmos encountered significant resistance at the $13 level, struggling to gain momentum above this point. This resistance reflected broader market sentiment and potential selling pressure.
- By July 2024, ATOM’s price was trading in a narrower range, between $5 and $6, indicating a lack of upward momentum.
- By August 2024, the price had further dipped to $4.02, suggesting increasing bearish pressure. This recent decline highlights ongoing challenges for Cosmos in maintaining its price stability and suggests potential further downside as market bears dominate, putting pressure on potential buyers to defend against a continued downward trend.
- On September 2024, the Cosmos price ranged between $4 to $5, and on October 06, the price traded at $4.5837 with a trading volume of $48.48M.
- On November 5, ATOM was trading at $4.10. By December 5, ATOM’s price surged significantly, trading at $10.
